Special

Germany’s outstanding African students to be honoured in Hamburg

A laudable initiative to promote higher educational achievements among youth in the community of people of African origin in Germany holds its annual award ceremony in Hamburg on Saturday, 2 November 2019. The African Youth Education Awards (AYEA) motivates African-origin youth in the country to seek excellence in school. The scheme was initiated in 2011 to act against the observed …

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Germany’s biggest business start-up fair holds in Berlin

Do you want to start a business, grow or revitalise your existing company and need inspiration, advice and funds? The German Founders and Entrepreneurs Days (Die Deutschen Gründer- und Unternehmertage or deGUT), holding in Berlin on 18-19 October, is the place to be. In addition to a comprehensive, free seminar and workshop program, the fair offers information on all start-up …

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Dangote empowers 100,000 Nigerian women with micro-finance grant

In a bid to ameliorate poverty in the country, Aliko Dangote, Africa’s richest man, has unveiled plans to empower 106,000 Nigerian women with N1.1 billion worth of micro-grant programme. The philanthropist is set to achieve this through his Aliko Dangote Foundation (ADF) before the end of 2019. Premium Times, a Nigerian online newspaper reports on Monday that the Aliko Dangote …

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BREAKING! Nigeria: Buhari appoints new Economic Advisory Council

A new body replacing the economic management team led by Vice-President Yemi Osinbajo has been appointed by President Muhammadu Buhari on Monday. The announcement, which was contained in a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, gave details, “This advisory council will replace the current Economic Management Team and will be reporting directly …

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Ethiopia unveils blueprint to create ‘economic miracle’

The government of Ethiopia has unveiled what it describes as a “Homegrown Economic Reform” agenda aimed at unlocking the country’s development potential. “Several months in the making and spearheaded by some of Ethiopia’s finest minds, our initiative aims to propel Ethiopia into becoming the African icon of prosperity by 2030,” said Prime Minister Abiy Ahmed of Ethiopia. He made the …

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What Dark Continent? Understanding Investment Opportunities in Africa

Muftau Muyiwa* writes on the changing narrative of Africa. Once depicted as a “hopeless” place incapable of installing and sustaining democratic rule or effective governance, it’s now being trumped as a continent of opportunities. The author explains that Africa has always been a haven of business and economic opportunities and what the world must do engage the continent’s reality to …

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Afrolynk holds Africa Tech & Entrepreneurship Week in Berlin

Afrolynk, an organisation that promotes increased African-European business relationship with a focus on technology, will hold its 2019 conference in Berlin, Germany, from 16-20 September. The five-day ‘Africa Tech & Entrepreneurship Week’ will feature workshops, an ecosystem tour and a start-up night.    This year’s conference, with the theme ‘strategic partnerships for sustainable growth’, will focus on how to transform businesses …

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More than a quarter of development aid funds remains in donor countries – study reveals

More than 25 percent of development aid funds are not spent in developing countries, according to a new study, which shows that expenditure on refugees in Germany takes increasing share of overseas assistance. Researchers warn of the risks of this policy. A significant part of funds for development aid is spent by rich donors within their own borders. This is …

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German software giant SAP honours outstanding African digital successes

The SAP Quality Awards were established in 2005 as a means of recognising companies that have excelled in their use of SAP technologies to achieve digital transformation against a number of key metrics. This year, a total of 19 organisations from West, East and Southern Africa were recognised for their outstanding results across a number of successful implementations.

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